Regulators must measure welfare using transparent methods before determining the policies themselves.
Analysts debate how agencies should measure the benefits of reducing mortality.
It is time to reconsider the value of the VSL in policy analysis.
Setting a regulatory budget at a cost of zero ignores evidence of regulation’s high return on investment.
Scholar argues that the Trump Administration has discredited cost-benefit analysis.
Precise statutory language corresponds to better benefit-cost analysis and more consistent judicial review.
Scholars explore whether the benefits of the Clean Water Act justify its costs.
Regulatory benefit-cost analysis should account for people’s welfare, not just empirical data.
The economic foundations of Executive Order 12,866 underscore its continued importance in regulatory review.
Lack of quality data hinders policymakers’ ability to create effective gun regulation.
Militarizing space could open the door to an arms race and excess spending.
EPA’s proposed transparency rules would make the agency’s analyses more scientifically rigorous.